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Vodafone Unit Buys Stake in Cybersecurity Firm – NZ Herald

Before the deal, financial terms of which were not disclosed, Defend was owned by CEO Nigel Everett and cyber chief Wenzel Huettner

Vodafone New Zealand would not put a value on the Defend cybersecurity transaction. Photo: Vodafone.


Vodafone New Zealand has moved to bolster its cybersecurity capability by taking a 60% stake in one of its service partners, Auckland-based Defend, The New Zealand Herald reported.

The telco would not put a value on the transaction. Before the deal, Defend was owned 50:50 by CEO Nigel Everett and chief cybersecurity architect Wenzel Huettner.

Read the full report: The New Zealand Herald




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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.


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